Job Purpose

Support the company in optimizing our financial transactions and systems by performing reconciliation of payments and customer accounts. Communicate discrepancies to management team, identify slow-paying customers, and recommend collection candidates. Strengthen and grow relationships with clients by communicating with customers regarding past-due accounts. Assist in streamlining the accounts receivable process by identifying areas for performance improvement. Exercise integrity and confidentiality in financial reporting and comply with national and local financial requirements. Excellent relationships will be built and maintained with your peers in other departments to drive a culture of fiscal and commercial responsibility and to facilitate financial knowledge transfer & acumen at all levels.

Key Accountabilities

• Maintain accounts receivable records to ensure aging is up to date, credits and collections are applied, uncollectible amounts are accounted for, and miscellaneous differences are cleared

• Perform daily cash management duties, including the recording of bank deposits, updating and distribution of cash receipt logs, and posting of cash to the accounts receivable sub-ledger

• Monitor and collect accounts receivable by contacting clients via telephone, email, and mail

• Prepare analytical and ratio analyses relevant to A/R so management can gain a better understanding of how collection efforts are progressing

• Gather and verify invoices for appropriate documentation prior to payment

• Support other accounting and finance team members, inventory management, and cost accounting

• Advances reconciliation

• Protects organization's value by keeping information confidential.

• Assist audit team during auditing of accounts receivable records

Qualification & Experiences

Education

• Bachelor’s degree in finance or Equivalent.

Professional Qualifications (Certifications & Accreditations)

• Professional Certification in the related field (CFA, CPA, etc.)

Competencies (Knowledge, Skills & Abilities)

• Good Customer Focus

• High level of Accountability

• Good Relationship Management

• Good at research

• Keen/attentive to details

• Team player

• Familiarity in analyzing/generating financial statements.

• Familiarity with analytical and ratio analysis of A/R

• Familiarity in ERP systems and other related financial reporting systems

• Familiarity with account reconciliation/Audit

• Proficient in MS Office application

Experience

• Minimum of 9-15 years of Accounts Receivable experience

Languages

• Excellent Verbal and Written Communication Skills in English

• Arabic Language (Spoken/Written) Will Be An Advantage

Working Relations

Internal Interactions

• All Business Functions & employees

External Interactions

• Supplier/vendors, government agencies as maybe required